Top Menu

First quarter coal imports fall by 8.1% in India

coal importsIn 2017-18, the first quarter of the financial year, coal was imported into the country was 52.74 million tonnes. During April-June 2016-17, coal that was imported was 8.1% less than the 57.38 million tonnes. The Directorate General of Commercial Intelligence & Statistics has made and provided this data.

Since last three years, there has been a trend in decline of coal imports. In FY 2014-15, about 217.78 million tonnes of coal has been imported by India and in FY 2015-16 it fell down to 203.95 million tonnes. In FY 2016-17, it has been fallen down to 190.95 million tonnes further. The Minister of state for power, coal & new and renewable energy and mines Shri Piyush Goyal provided this data and replied in written asked q question in the Lok Sabha.

By Coal India the fall in imports is largely on account of enhanced production and by which from a regime of coal scarcity to a coal surplus situation the country has moved, told by the minister. As on April 1, 2015, to 61.92 million tonnes, there has been an increase in the sellable stock of Coal India which has gone up. In FY 2014-15 Coal India’s coal dispatch has also increased from 488.86 million tonnes to 542.82 million tonnes in FY 2016-17. On June 1, 2017, the stock for sale of Coal India was 49.90 million tonnes.

However, as there is the insufficient domestic availability of coking coal, the gap between demand and supply of coal cannot be bridged completely and to import coal for their production the power plants designed on imported coal will continue, said by the minister.